Farm for saleMill Farm - Lot 5 (Lochhills), New Aberdour, Fraserburgh, Aberdeenshire, AB43
Under Offer 117.3 ac. | £440,000
- 117.3 acres (47.5 hectares)
- Agricultural land extending to 47.48 ha (117.32 ac) and is classified as Grade 3(2).
CLOSING DATE SET FOR TUESDAY, 28 March 2017 AT 12 NOON.
Mill Farm, Bonnyton and Lochhills are situated on the Moray Firth coast in an area well known for livestock and cereal production on its fertile land.
LOT 5: Farmland at Lochhills
The agricultural land extends to 47.48 ha (117.32 ac) and is classified as Grade 3(2) land which is capable to growing cereals, root crops and grass. The land is split into 7 enclosures and benefits from mains water. It is currently being used to grow cereals and rotational grass.
Lesley Sloan, A & E A Brodie, 40 High Street, Banff, Banffshire, AB45 1AL
Aberdeenshire Council, Banff & Buchan Area Office, Town House, 34 Low Street, Banff, AB45 1AN
RURAL PAYMENTS AND INSPECTION DIRECTORATE (SGRPID)
Thainstone Court, Inverurie, AB51 5YA, Tel: 01467 626222. Farm Code 025/0085. If sold in Lots the purchasers will be required to apply for a new holding number on entry to the land.
METHOD OF SALE
For sale as a Whole or in 5 Lots.
BASIC PAYMENT SCHEME
The majority of the land is eligible for claiming Basic Payments. The Basic Payment Scheme entitlements have been established by the seller and are not included in the sale of the land. A buyer(s) will take over and pay for at valuation the Basic Payment Scheme entitlements established on the land for sale. All payments relating to the 2016 year will be retained by the buyer. The buyer(s) will be responsible upon occupation of the subjects of sale to fully comply with the statutory management requirements to maintain the farmland in Good Agricultural and Environmental Condition as laid down under the cross Compliance Rules of the Basic Payment Scheme 2016 for the rest of the scheme year.
The Sporting Rights are included in the sale, insofar as they are owned.
The Mineral Rights are included in the sale, insofar as they are owned.
All fallen and standing timber is included in the sale insofar as they are owned.
POSSESSION AND ENTRY
Vacant possession and entry will be given on completion.
The purchaser(s) shall, in addition to the purchase price, be obliged to take over and pay for at a valuation to be agreed by a mutually appointed valuer(s) with respect to the following:
All cultivations and growing crops on a seeds, labour, lime, fertilizer, sprays and machinery basis with an increment representing the enhanced value of the establishment and age of such crops.
All hay, straw fodder, roots, silage and farmyard manure and other produce at market value. All oils, fuels, fertilizers, sprays, chemicals seeds and sundries at cost.
Note: If the amount of the valuations has not been agreed on the date fixed for completion, then the purchaser shall pay to the seller such a sum as the selling agents shall certify on account at the valuation pending agreement. Should the payment not be made within seven days then the interest will become payable on outstanding monies at 8% over the Bank of Scotland borrowing rate as adjusted from time to time.
A deposit of 10% of the purchase price shall be paid within seven days of the completion of Missives. The deposit will be non-refundable in the event of the purchaser(s) failing to pay the purchase price or failing to complete for reasons not attributable to the seller of the seller's agents.
HEALTH & SAFETY
The property is an agricultural holding and appropriate caution should be exercised at all times during inspection, particularly in reference to the farm buildings and livestock.
CKD Galbraith are approved agents for the Agricultural Mortgage Corporation (AMC) and we can assist you in securing finance loans for a variety of farming purposes including the purchase of land and property, facilitate and reschedule debt, and to provide working capital for diverse creation, and improving on erected farm buildings. For further details and to discuss any proposals in connection please contact Robert Taylor on 0800 389 9448. Email: firstname.lastname@example.org.
A closing date may be fixed. Prospective purchasers who have noted their interest through lawyers to CKD Galbraith, in writing, will be advised of a closing date, unless the property has been sold previously. The Seller will not be obliged to accept the highest, or indeed any offer, and has the right to accept an offer at any time or withdraw the property from the market. The Seller will not be liable for any costs incurred by interested parties.
Formal offers in the acceptable Scottish form should be submitted, through a Scottish Lawyer, to CKD Galbraith LLP, 337 North Deeside Road, Cults, Aberdeen, AB15 9SP. Tel: 01224 860710
THIRD PARTY RIGHTS AND SERVITUDES
The subjects are sold together with, and subject to, all existing rights of way, servitudes, wayleaves and others whether contained in the Title Deeds or otherwise, and purchasers will be deemed to have satisfied themselves in all respects thereof.
The owner of Bonnytonhill farmhouse enjoys a right of access on the track marked A to B on the sales plan. The owner of Mains of New Aberdour enjoys a right of access on the track marked C to D on the sales plan. The owner of Mill Farm cottage enjoys a right of access on the track marked E to F on the sales plan.
In the event that Lots 1 and 2 are sold separately from Lot 3, a right will be retained to lay water pipes to Lots 1 and 2 through Lot 3.
Lots 1, 2 and 3 are served by a private water supply with the well being in field 16. The water is then pumped to a cistern at Bonnytonhill being gravity fed thereafter. Lot 1 is also served by mains water and, if sold separately Lot 1 will be disconnected from the private supply with the buyer of Lot 1 being obliged to connect the field troughs to the mains supply. Should Lots 2 & 3 be sold separately the water supply will be shared between Lots 2 and 3 and the costs apportioned appropriately. Lot 1 is served by a three phase electricity supply with foul water disposal being via septic tank and soakaway. Lot 4 is served by a single phase electricity supply.
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